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Operating Sphere+Region

Autobond to expand its portfolio in Czech Rep with fifth brand

July 16, 2010 | 12:21am CEToriginal
The brand will be offered in the complex, which is currently being built in Plzen, together with Suzuki and Opel brands. The new brand, expected annual sales in Plzen...
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Ford Motor confirmed retaining Volvo Car managers Stephen Odell and Stewart Rowley

July 15, 2010 | 11:58pm CEToriginal
Odell will become the head of Ford of Europe, where he will replace John Fleming. Details of these and other personnel changes...
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Car sales in Europe fell by 6.2% in June, rose by 0.6% in H1

July 15, 2010 | 11:47pm CEToriginal
The highest drop in the major economies was recorded of Germany and Italy, as for the carmakers, Fiat, Ford and Toyota. Detailed results for June, a decrease of Skoda...
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Saab reduces wholesale distribution of cars, introduced Direct-Dealer concept in nine countries in Europe

July 15, 2010 | 04:14am CEToriginal
Direct purchase of cars from the carmaker, reduction of national representations, the continuation of independent importers, extending of operations of the company Polar Mobil...
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Auton ceases operation in car sale and service

July 15, 2010 | 04:02am CEToriginal
The original owner of Skoda and Seat dealerships in Usti nad Labem sold the company. Intentions of new owner, current state of licenses in the city...
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Delphi’s Czech plant does not receive new contracts, employees expect production in Ceska Lipa to be ceased by 2013

July 15, 2010 | 03:46am CEToriginal
Delphi Packard Electric has now dismissed a further 130 people and others will follow. Conversely, Johnson Control or Fehrer Bohemia are singing on new employees…
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Vaclav Balek to leave Ceska pojistovna, reputedly to Allianz

July 15, 2010 | 03:38am CEToriginal
Spokeswoman Pavla Pasekova left Allianz insurance company in late June. Tender, new Pasekova’s place of work...
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Production of cars in Europe grew by 33.7% in Q1

July 15, 2010 | 03:28am CEToriginal
However, compared to the pre-crisis year 2008 the production lags behind by 12.7%. Development in the LCV segment, trucks and buses; production in each country...
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RCI Financial Services became member of Solus register of defaulters

July 15, 2010 | 03:19am CEToriginal
However, the number of members has not been increased since the companies s Autouver and s Autoleasing were merged in Q2. Current member base...
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Karlovy Vary Region proposes to alleviate conditions for operation of VTS

July 15, 2010 | 03:06am CEToriginal
Revocation of licenses would be just for recidivism, a fine to CZK 500,000 for less serious offenses. Another proposal of the Ministry of Transport...
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India expects growth in car market in two-digit pace in 2010

July 15, 2010 | 02:51am CEToriginal
Nevertheless, the association SIAM expects an increase by 12-13%, analysts by 15% at least. Trucks and buses...
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Martin Kofron to leave SkoFIN after 14 years and thereby also management of CLFA

July 14, 2010 | 04:23am CEToriginal
Kofron is a proxy and the head of SkoFIN legal department as well as the chairman of CLFA. Reasons and date of his departure…
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PGO Automobiles wants to strengthen sales in Central Europe, importer agreed with new partner

July 14, 2010 | 04:04am CEToriginal
This small-series manufacturer of retro cars takes a number of components from Czech suppliers. The previous and new partner, engines, prices, suppliers...
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EK: Buying new Peugeot, Renault, Fiat, VW and Ford cars abroad pays off

July 14, 2010 | 03:46am CEToriginal
For the most popular models of these brands the price difference between some EU member states can be even tens of percent. The average deviation, the most expensive and cheapest country...
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GM ceased production of Hummer cars, still looking for investor

July 14, 2010 | 01:25am CEToriginal
In Central Europe, there are still several stock cars. If the investor is found, a small model of Hummer H4 could get into the production…
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Expert: Future of retail car sales to be in large volumes

July 14, 2010 | 01:17am CEToriginal
Large sales volumes can only be realized by dealers with more branches and more brands. Extending service intervals, bankruptcies and acquisitions of dealers...
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Ceska sporitelna merged subsidiaries engaged in auto financing

July 14, 2010 | 12:41am CEToriginal
It is the leasing company s Autoleasing and the loan company s Autouver. Details of the merger…
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Roland Berger: Czech automotive suppliers have potential to increase by one third by 2020

July 14, 2010 | 12:23am CEToriginal
The strong growth will occur mainly in the segment of the driving gear components, while a decrease can be expected in the segment of mechanical parts. Development in navigations...
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Sales of Auto Esa up by 14% to 658 used cars in June

July 14, 2010 | 12:07am CEToriginal
This result imitates the development of the new-car market. The best-selling model is the Skoda Fabia, followed in the Top 10 by...
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Iranian government sold 18% share in carmaker Iran Khodro

July 13, 2010 | 11:56pm CEToriginal
The Government still holds a 20% share in the company, which is a partner of Renault, Peugeot and Suzuki. The structure of the consortium of investors, the transaction value...
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Mazda 50:50: One-year interest-free loan from Credium with two payments received damage liability for CZK 1 per month from July

July 13, 2010 | 11:47pm CEToriginal
This expanded menu has been prepared with Ceska pojistovna. Other conditions of this offer have been preserved…
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Peugeot to produce next model with Malaysian carmaker NAZA from H2 2011

July 13, 2010 | 11:33pm CEToriginal
It will be a sedan, which will follow the already produced Peugeot 207. Planned volume of the production...
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CCS, Natankuj.sk: Fuel prices stagnated in Czech Rep and Slovakia last week

July 13, 2010 | 11:23pm CEToriginal
The difference between petrol and diesel thus amounts to CZK 1. Current prices and analysts' outlook for this week...
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Pekny (SDA, Kia): Sales of cars up to 3.5 tons to rise by maximum of 5% in Czech Rep in 2010

July 13, 2010 | 04:32am CEToriginal
SDA secretary Pavel Tunkl has been still expecting an increase of 10%. View on the truck sales, prepared statistics of bodies...
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Tatra wants to expand worldwide, considering assembly plants in Eastern Europe and Asia

July 13, 2010 | 04:14am CEToriginal
The company also sees potential in Brazil, Saudi Arabia, Canada or Australia. The considered sites, the possibility of individual markets, a shift to automatic gearboxes...
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EXCHANGE RATES
1 EUR = 1.04 USD
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1 EUR = 25.36 CZK
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1 EUR = 411.13 HUF
Source: ECB, November 22, 2024